The Swedish company reported retail sales amounting to an estimated 12,304 units, driven by a growing uptake of newer models and transition to an active selling model.
The board appointed Julien Lederman as interim CEO following Yoav Stern's termination as chief executive after he was not re-elected as a director at the company’s 2024 annual general meeting of shareholders...
Wall street analysts expect the company to post Earnings Per Share (EPS) of $6.95 on revenue of $2.39 billion.